View: National Monetisation Pipeline is an idea whose time has come

The year 2020 has been a watershed one: a once-in-a-century global pandemic ravaged lives and livelihood at a scale that our generation has not witnessed. India’s approach to tackling the pandemic involved – a lockdown to save lives by buying time to establish health infrastructure and disseminate critical information, and then a gradual re-opening, supported by fiscal, compliance, regulatory and monetary measures focusing on the most vulnerable